HONG KONG: China’s growing throng of affluent consumers is driving a rebound in demand for gold rings, bracelets and necklaces as a property boom and high stock market valuations boost wealth in the largest bullion market.
“Things are much more positive than they were this time last year,” and the jewellery market has bottomed out after three years of declines, said Nikos Kavalis, London-based director of research firm Metals Focus Ltd.
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